Office CMBS Delinquency Rate Spikes to Record 12.3%, Much Worse than Financial Crisis Meltdown Peak

Office CMBS Delinquency Rate Spikes to Record 12.3%, Much Worse than Financial Crisis Meltdown Peak

Spike of defaults in January was triggered by two Manhattan office towers; one of them is heading to a foreclosure sale.

Multifamily CMBS delinquency rate rises in January

Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) rose in January after declining for the prior 2 months The overall CMBS delinquency rate also rose. Overall CBMS delinquency rate also rises For delinquencies, Trepp focuses on loans that are 30 or more days delinquent. The current CMBS delinquency report provides data […] The post Multifamily CMBS delinquency rate rises in January appeared firs…